I'm a bit late in getting out this Week in Review but I still wanted to post it for those who regularly check the blog but who haven't been keeping up with the YouTube day trading results videos I've been making.
Overall it was a very good week considering I only traded three days of it due to wanting to enjoy some free time on the Canadian holiday. If only all weeks offered this much potential! If that was the case I'd probably start taking a lot more Fridays off just like I do with my regular days off on Mondays.
Then again, probably not. I do really like the always-a-long-weekend approach that regularly taking off Mondays offers me but I still find myself excited to actively trade and I know I'd find myself itching to get back to it with any more time off. The same thing always happens to me after an extended vacation away - I can't wait to get back to the markets!
I suppose if there's a good sign that I'm focusing my effort and energy in the right place then that would be it. Trading is what I'm truly passionate about. I love the challenge, the opportunities a new day brings, and how there's always more to learn. Trading offers a lot of great qualities like being able to travel and trade from almost anywhere (something I've done extensively in recent years) plus it offers a lot of financial opportunity, but honestly I think it's challenge and the possibilities for personal growth that keep me interested year after year.
I feel quite lucky to have found something that provides all of that which I continue to have a strong passion for after all this time.
Day Trading Results Videos
Since there's only a few trading days this week I decided to just post each one here instead of making a summary. Each day usually has some kind of take-away lesson or area for improvement so that's always something I take note of.
As mentioned earlier, opportunities for improvement and growth are something that trading provides on a daily basis. There's no such thing as just having your system, turning off your mind, and then blindly making profits for years. Each day presents its own challenges and only with an open mind that is open to learning can you really take advantage and continue to improve your consistency and profitability over time.
Just as an athlete should always be striving to improve their weaknesses and to reinforce their strengths, a trader needs to reflect on what they've done well and what they can improve. That's not just a formula for growth, it's the bare minimum to stay at the same level of performance! Luckily for us we can even continue to improve more and more with age and experience, unlike the elite athletes who always come with expiration dates!